Logistics and Delivery

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FedEx Stock Higher as Earnings Beat Triggers Bull Notes
Schaeffers Investment Research· 2025-09-19 14:47
Group 1 - FedEx Corp's stock increased by 2.3% to $232.06 following the announcement of better-than-expected earnings and revenue for the fiscal first quarter, along with an upgraded full-year outlook [1] - Five price-target hikes were noted, with Jefferies raising its target to $280 from $275 [1] - The majority of analysts are bullish on FedEx, with 18 out of 30 analysts giving a "buy" or better rating, and a 12-month consensus target price of $263.39, representing a 15.8% premium to current levels [2] Group 2 - FedEx's stock is recovering from a 17.3% year-to-date deficit and is on track for its best day since August 22, while also bouncing off support at the $225 level [2] - The $240 level is identified as a pressure point after a rejection of a late August rally [2] - In the options market, 43,000 calls and 45,000 puts have been traded, which is 15 times the typical volume for this time [3] Group 3 - The most active options contract is the September 210 put, which is set to expire at the close [3] - Short-term options traders are exhibiting more bearish behavior than usual, with a 10-day put/call volume ratio of 1.31, higher than 90% of readings from the past year [4]
Cashflow on Wheels, a Multistate FedEx and Amazon DSP Consolidator, Purchases 20 Mullen THREE Class 3s
Globenewswire· 2025-04-21 13:25
Core Viewpoint - Mullen Automotive has secured a significant order from Cashflow on Wheels for 20 all-electric Mullen THREE vehicles, valued at approximately $1.4 million, aimed at enhancing last-mile delivery efficiency for FedEx and Amazon [2][4]. Group 1: Company Overview - Mullen Automotive is an electric vehicle manufacturer based in Southern California, with production facilities in Tunica, Mississippi, and Mishawaka, Indiana [6]. - The company has recently expanded its commercial dealer network to seven dealers across key U.S. markets, enhancing its sales and service capabilities [6]. - Mullen's vehicles, including the Mullen ONE and Mullen THREE, are certified by the California Air Resource Board and EPA, making them available for sale in the U.S. [6]. Group 2: Cashflow on Wheels - Cashflow on Wheels, founded in 2023, is a logistics company focused on last-mile delivery and transportation solutions, primarily for FedEx and Amazon [5]. - The company emphasizes sustainability and efficiency in its operations, aiming to transition traditional fleets to electric vehicles [3][5]. - Cashflow on Wheels has reported savings of over $500 per route per week by testing electric vehicles, which supports its growth strategy [4]. Group 3: Market Trends - The order from Cashflow on Wheels reflects a growing demand for environmentally friendly commercial vehicles, indicating a shift in the logistics industry towards sustainable practices [4]. - The transition to electric vehicles is seen as a way to reduce operational costs and support future expansion for logistics companies [4].